Ottawa, ON, March 6, 2015: Brookfield Soundvest Capital Management Ltd. (the “Manager”), the manager of Brookfield Soundvest Split Trust (the "Trust") today announced that the Trust intends to purchase up to 355,319 Capital Units and 355,319 of its Preferred Securities (collectively, the “Shares”) by way of a normal course issuer bid on the open market through the facilities of the Toronto Stock Exchange (the “TSX”) or the following alternative markets, if eligible: CHI-X Canada, Alpha ATS, MATCH Now (Triact Canada), Omega ATS and Pure Trading.

The 355,319 Capital Units represent approximately 10% of the public float of the Capital Units. The 355,319 Preferred Securities represent approximately 8.84% of the public float of the Preferred Securities. At February 27, 2015, there were 4,020,225 Capital Units and Preferred Securities issued and outstanding. The public float of 3,553,191 Capital Units has been calculated as the issued and outstanding Capital Units less the Capital Units held by insiders of the Trust. No Preferred Securities are held by insiders of the Trust.

In accordance with the Trust’s declaration of trust and trust indenture, any Capital Units purchased for cancellation will be accompanied by the Trust repurchasing an equal number of Preferred Securities and vice versa. The normal course issuer bid will commence on March 11, 2015 and end on March 10, 2016 or on such earlier date as the Trust may complete its purchases or provide notice of termination. The price to be paid for the Shares under the normal course issuer bid will be the market price at the time of purchase. All Capital Units and Preferred Securities purchased by the Trust under this bid will be promptly cancelled.

Under the normal course issuer bid, the Trust may not purchase in any 30 day period more than 80,404 Units, representing 2% of the issued and outstanding Capital Units as of February 26, 2015.

As of February 27, 2015, the Trust has purchased 10,000 Capital Units at an average price of $2.24 per unit and 10,000 Preferred Securities at an average price of $10.11 per unit under a normal course issuer bid which will end on March 10, 2015.

The Trust commenced trading as Brookfield Soundvest Split Trust on April 30, 2010 after a name and a mandate change. Prior to that date, the Trust was known as Brascan Soundvest Rising Distribution Split Trust.

To the knowledge of the Manager, no director, senior office or other insider of the Manager intends to sell any Shares under this normal course issuer bid. Sales by such persons through the facilities of the TSX or elsewhere may occur if the circumstances or decisions of any such person changes. The benefits to any such person whose Shares are purchased would be the same as the benefits to available to all other holders whose Shares are purchased.

The Manager is of the opinion that Capital Units and Preferred Securities of the Trust may become available during the proposed purchase period at prices that would make such purchases in the best interests of the Trust and its securityholders.

The manager and investment advisor and portfolio manager for the Fund is Brookfield Soundvest Capital Management Ltd. (the “Manager”), an established investment advisor, providing investment management services to trusts, foundations, corporations and high net worth individuals.

For further information please visit www.brookfieldsoundvest.com or contact:

Note: This news release contains forward-looking information within the meaning of Canadian provincial securities laws. The words “may”, “will”, “continue”, “resume” and other expressions which are predictions of or indicate future events, trends or prospects and which do not relate to historical matters identify the above mentioned and other forward-looking statements. Forward-looking statements in this news release include statements regarding resumption of the temporarily suspended annual redemption privilege in respect of the Trust and payment of future distributions in respect of Capital Units of the Trust. Although the Manager believes that these forward-looking statements and information are based upon reasonable assumptions and expectations, the reader should not place undue reliance on them, or any other forward looking statements or information in this news release. The future performance and prospects of the Trust are subject to a number of known and unknown risks and uncertainties. Factors that could cause actual results of the Trust to differ materially from those contemplated or implied by the statements in this news release include general economic conditions in Canada and elsewhere, changes in legislation including tax laws and regulations and other risks and factors described in the documents filed by the Manager with the securities regulators in Canada including under “Risk Factors” and other risks and factors described in the Trust’s prospectus and the Trust’s most recently filed Management Report of Fund Performance, Annual Information Form and other continuous disclosure documents available at www.sedar.com or www.brookfieldsoundvest.com. Except as required by law, the Manager undertakes no obligation to publicly update or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise.